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Thread: Is it a coincidence?
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[quote=JIMMYB,304793]On July 17th, NBS (China National Bureau of Statistics) issued some ecnomic data including CPI and GDP. The CPI has increased 7.9 percent in June on the previous year. As for GDP growth, it has increased 10.4 percent over the same period of last year. However, Reuters had forecasted China's June CPI correctly nine days in advance. Unbelievable! It is usual that those investment banks or other organizations make predictions before NBS issued related data. However, they seldom predicted correctly. This time, Reuters has predicted CPI and GDP growth accurately. How could they do it? is it just a coincidence?[/quote]
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